How to buy a luxury holiday home
Most luxury coastal properties struggle to make returns over time but some are great at making their owners serious capital gains.
(Image source: Shutterstock.com)
For many of us, summer means a beach holiday with the family crowded into a coastal rental or caravan park.
A trip to the local shopping strip often finds us enjoying an ice cream and peering into a real estate agent’s window, checking out the market.
Naturally, our eyes are drawn to luxury properties. While the prices may be eye-watering, one question lingers: if we bought that, would we actually make money?
Most luxury coastal properties str…
